Section 964G — Corporations Act 2001 (Cth)

Meaning of borrowed

(1) In this Subdivision:

borrowed means borrowed in any form, whether secured or unsecured, including through:

(a) a credit facility within the meaning of the regulations; and

(b) a margin lending facility.

(2) To avoid doubt, an amount is no longer borrowed to the extent that it has been repaid.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 964D — Financial services licensees must not charge asset‑based fees on borrowed amounts
s 964E — Authorised representatives must not charge asset‑based fees on borrowed amounts
s 964F — Meaning of asset‑based fee
s 964H — Meaning of reasonably apparent
s 965 — Anti‑avoidance
s 980A — Matters covered by this Part

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